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James K Galbraith

Could Europe's Political Project Go the Way of the US Confederacy?

James K. Galbraith | Posted 09.10.2011 | World
James K. Galbraith

Europe's political structure is also suspended between two stable formations: the federated nation state and the international alliance. This in-between structure is called a confederacy, and it is something that was tried and which failed in North America.

Part III: How the Economists Facilitated the Crisis and Must Now Be Held Accountable

Stephen Zarlenga | Posted 08.27.2011 | Business
Stephen Zarlenga

Over time, whoever controls the money system controls the nation. Society's definition or concept of money will determine who controls the money system.

Part II: How the Economists Facilitated the Crisis and Must Now Be Held Accountable

Stephen Zarlenga | Posted 08.15.2011 | Business
Stephen Zarlenga

Economists' most glaring error is not understanding or appreciating the difference between money and credit. Most can't conceive of practical ways we can use real government-issued money instead of private debt.

How the Economists Facilitated the Crisis and Must Now Be Held Accountable

Stephen Zarlenga | Posted 08.07.2011 | Business
Stephen Zarlenga

With rare exceptions, those in control of the world's monetary/economic agenda and the theories supporting it have helped bring the world to its knees. Shouldn't they and their theories be held accountable?

Deficit Hawks Down: The Misconstrued "Facts" Behind Their Hype

James K. Galbraith | Posted 05.25.2011 | Business
James K. Galbraith

As the House Republicans forge their own course, demanding radical spending cuts right now, the tired and shabby arguments of the old deficit-worriers hardly seem connected, any more, to the battles at hand.

A Misguided Deficit Commission

Pearl Korn | Posted 05.25.2011 | Politics
Pearl Korn

The Obama Administration's Deficit Commission is at best errant in its mission and at worst a bait-and-switch ploy being run on the American people.

Herr Henkel's Hall of Shame

William K. Black | Posted 05.25.2011 | Business
William K. Black

Herr Henkel was the leading German business proponent of deregulation and the executive compensation systems that drove the global crisis.

Health Care and the 'Predator State'

Thomas Frank | Posted 05.25.2011 | Politics
Thomas Frank

Although Republicans have snapped up James Galbraith's catchy book title, the politicians have misunderstood his message. They need to go back over The Predator State for a second reading.

William K. Black on Geithner: "The Guy Has a Track Record of Failure Everywhere He's Gone"

Cenk Uygur | Posted 05.25.2011 | Politics
Cenk Uygur

This is beginning to feel a little like before the Iraq War when some warned of impending disaster and the administration and mainstream media blew them off.

Galbraith Calls Clean Energy the Next Engine for Economic Growth

Frances Beinecke | Posted 05.25.2011 | Green
Frances Beinecke

We need the next engine to pull into the station. It won't be a consumption-based one: buying consumer goods made in China will not dig us out of this deep a hole.

Q&A with Housing Bubble Forecaster Dean Baker

Leo W. Gerard | Posted 05.25.2011 | Business
Leo W. Gerard

Baker: "For most economists, the idea that a market would take leave from its senses -- that it would be driven by speculation -- is almost inconceivable."

Financial Bailout: American Communism Alive & Lives on 23rd Street NYC VIDEO >>

George Spyros | Posted 05.25.2011 | Politics
George Spyros

United States communists say their time has come (full text of the video here)AFP news video segment pays a visit to US Communist Party headquarters o...

Requiem for the Bailout Storyline

Norman Solomon | Posted 05.25.2011 | Media
Norman Solomon

Recent events should not be allowed to obscure the reality that the news media played a pivotal role in stampeding the country into a bailout that was unwise and unjust.

Building a Green Economy

Adele Stan | Posted 05.25.2011 | Green
Adele Stan

We all say we want to go green, but do we all see the same kinds of change when we imagine an eco-friendly economy? In Denver, Colo., Tom Plant, dire...